USD/CAD Technical Analysis– Prices are testing falling channel support at 1.0089, a barrier reinforced by the 38.2% Fibonacci retracementat 1.0070. A break below the latter level...
NZD/USD Technical Analysis– Prices broke resistance at 0.8611, the 61.8% Fibonacci expansion, exposing the 76.4% level at 0.8717. The 0.8611 mark has been recast as near-term...
AUD/USD Technical Analysis– Prices put in a Doji candlestick below resistance in the 1.0584-97 area, marked by the 61.8% Fibonacci expansion and a multi-month range top,...
GBP/USD Technical Analysis – Prices broke above resistance at 1.5354, the 50% Fibonacci retracement, exposing the 61.8% level at 1.5478. A further push beyond that eyes...
EUR/USD Technical Analysis– Prices continue to probe higher after putting in a bullish Harami candlestick pattern. Buyers are targeting the 23.6% Fibonacci expansion at 1.3139, with...
USD/JPY Technical Analysis– Prices broke resistance at 98.42, the 100% Fibonacci extension, exposing the 123.6% level at 99.80. A further push above that eyes the 138.2%...
THE TAKEAWAY: The US Dollar is pulling back after a rejection at technical resistance while the SP 500 is flirting with the psychologically significant 1600 figure....
Weekly Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: No change: “The...
DailyBars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The USDCHF decline continues...
Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: Recent comments were...